(IN BRIEF) Continental and Rheinmetall have entered into a partnership to facilitate job transitions for Continental employees amidst industry transformations. Rheinmetall, anticipating significant growth, aims to fill its expanding personnel needs with qualified individuals from Continental. Up to 100 employees … Read the full press release
(IN BRIEF) Evonik has expanded its TEGO® Therm product range to offer advanced coatings designed to enhance safety for electric vehicle (EV) batteries. These coatings provide superior heat protection and fire resistance, meeting stringent industry standards. Comprising various components, including … Read the full press release
(IN BRIEF) Prodomax, part of the Jenoptik Group, secures significant orders exceeding 17 million euros for automotive automation solutions in the second quarter of 2024. These orders, from Tier 1 OEM suppliers, primarily involve delivering automated welding systems for steel … Read the full press release
(IN BRIEF) Dürr introduces the EcoQPower paint shop system, designed to significantly reduce energy consumption and carbon emissions in automotive manufacturing. Developed in compliance with EU Taxonomy standards, the system optimizes energy utilization throughout the paint shop process, resulting in … Read the full press release
(IN BRIEF) CA Auto Bank, a subsidiary of Crédit Agricole Personal Finance & Mobility, unveils its ambitious 2024-2026 Sustainability Plan, aiming to drive ethical profits while championing sustainability across its operations. Anchored by four strategic pillars – Sustainable Mobility, Innovation … Read the full press release
Posted in Automotive, Banks, Business, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged CA Auto Bank, Credit Agricole, Drivalia, electric mobility, Giacomo Carelli, Sustainability Plan
(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release
Posted in Austria, Automotive, Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive, Borealis, Covestro, Finland, Germany, Guido Naberfeld, Jeroen Verhoeven, Neste, partnership, plastics, sustainability, Thomas van de Velde, tires
(IN BRIEF) Infineon Technologies AG has launched the 600 V CoolMOS™ S7TA Superjunction MOSFET, a breakthrough for automotive power management, boasting an integrated temperature sensor for enhanced accuracy. Tailored for automotive environments, the S7TA promises improved durability, safety, and efficiency … Read the full press release
(IN BRIEF) Volkswagen Passenger Cars is gearing up for a change in its leadership as Martin Sander prepares to take the helm as the new Board Member for Sales, Marketing, and After Sales starting July 1, 2024. Succeeding Imelda Labbé, … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News
Tagged appointment, Board member, Imelda Labbé, leadership, Martin Sander, Thomas Schäfer, Volkswagen
(IN BRIEF) T-Systems, a leading European digital services provider under Deutsche Telekom, and Aurora Labs, an innovative AI-driven automotive software company, have jointly unveiled their collaborative venture to offer Aurora Labs’ cutting-edge differential software update capabilities alongside T-Systems’ comprehensive Over-the-Air … Read the full press release
(IN BRIEF) Schaeffler AG announces leadership changes, with Heiko Eber appointed Head of Investor Relations (IR) and Renata Casaro tasked with leading the newly established Global Risk & Macroeconomic Analysis unit, effective June 1, 2024. Eber, previously managing IR at … Read the full press release
(IN BRIEF) Pirelli is gearing up for the ADAC RAVENOL 24h Nürburgring, supplying tyres for various classes of vehicles in one of motorsport’s most demanding events. With over 20,000 employees and partners trained in electrification and digital skills, JLR is … Read the full press release
Posted in Automotive, Business, Entertainment, Industrial, Italy, Management, Media, News, Sports
Tagged ADAC RAVENOL 24h Nürburgring, Bastian Buus, Marco Holzer, Marco Seefried, Marvin Dienst, Matteo Braga, Pirelli, Tyre Training
(IN BRIEF) Jaguar Land Rover (JLR) celebrates a significant milestone as it announces that over 20,000 colleagues and partners have completed training in electrification and digital skills under its Future Skills Programme. This initiative aligns with JLR’s Reimagine Strategy, aiming … Read the full press release
(IN BRIEF) Euro NCAP, the prestigious European consumer protection program, has granted the new Tiguan its highest safety rating of five stars, solidifying its position as one of the safest vehicles in its class. The third generation of the popular … Read the full press release
Posted in Automotive, Awards, Business, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged 5-Star Safety Rating, Awards, Euro NCAP, Tiguan, Volkswagen
(IN BRIEF) DHL introduces Continental Europe’s inaugural EV Center of Excellence for electric mobility in Pozzuolo Martesana, near Milan, Italy. Collaborating with DHL Customer Solutions & Innovation’s Team EV, the center integrates warehousing and freight management from DHL Global Forwarding, … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Continental, DHL, Europe, EV Center, Fathi Tlatli, Italy, Mario Zini, Nazzarena Franco, partnership, sustainability
(IN BRIEF) Frank-Steffen Walliser, a seasoned engineer known for his pivotal role in developing iconic Porsche models like the 918 Spyder, is set to become Chairman and CEO of Bentley starting July 1. Gernot Döllner, Chairman of the Board of … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, United Kingdom
Tagged appointment, Bentley, CEO, Frank-Steffen Walliser, Gernot Döllner, leadership, Porsche
(IN BRIEF) Pirelli has collaborated with Audi Sport to introduce an exclusive tyre kit for the Audi RS 4 Avant Edition 25 Years. This kit includes the Pirelli P Zero Trofeo RS tyres, equipped with Cyber technology and integrated with … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged Audi RS 4 Avant Edition 25 Years, Audi Sport, Germany, partnership, Pirelli, Tyre Kit
(IN BRIEF) AkzoNobel’s Powder Coatings business introduces Interpon A3000, its first single-layer powder coating designed specifically for two-wheelers, targeting the Indian market and global expansion. This innovative product offers motorcycle manufacturers improved cost savings, energy efficiency, and sustainability without compromising … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged AkzoNobel, Interpon A3000, Jeff Jirak, Motorcycle, Single-Layer Powder Coating, sustainability
(IN BRIEF) Swissport, a prominent airport ground service provider, is advancing its sustainability agenda with the introduction of new electric vehicles (EVs) at Basel and Geneva airports. Aligned with the Science-Based Targets initiative, Swissport aims to achieve short-term CO2 reduction … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Travel
Tagged Basel Airport, Bruno Stefani, electric vehicle, Geneva Airport, partnership, sustainability, Swissport
(IN BRIEF) Dürr, a leading mechanical and plant engineering company, reached a significant milestone by producing its 18,000th painting robot for Audi in Ingolstadt. The EcoRP L033i robot, equipped with Dürr’s latest EcoBell4 atomizer featuring 4-main-needle technology, will be installed … Read the full press release
(IN BRIEF) Stellantis N.V. announced the commencement of the second tranche of its Share Buyback Program, covering up to €1 billion of the total €3 billion program, starting from May 23, 2024, until August 30, 2024. Under this agreement, Stellantis … Read the full press release
Posted in Automotive, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Financial, investment, Share Buyback Program, Stellantis
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) MAHLE has successfully concluded the sale of its OEM thermostat business to ADMETOS, effective May 2, 2024. Under the new ownership, the thermostat segment will operate as BTT Solutions, with ADMETOS assuming control and responsibility for approximately 600 … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged acquisition, ADMETOS, Jumana Al-Sibai, MAHLE, OEM Thermostat Business, partnership
(IN BRIEF) Henkel, a leading partner in the automotive industry for designing and developing safer and more sustainable next-generation EV batteries, is gearing up to participate in the Battery Show Europe 2024 at Messe Stuttgart from June 18 to 20, … Read the full press release
(IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO Tianshu Xin, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Technology
Tagged Carlos Tavares, CHINA, EV Lineup, expansion, Jiangming Zhu, Leapmotor, Leapmotor C10, Leapmotor International, Leapmotor T03, partnership, Stellantis, sustainability, Tianshu Xin
(IN BRIEF) Bosch Engineering and Ligier Automotive are advancing clean energy technologies in motorsport by enhancing their hydrogen-powered demonstrator vehicle. Recent intensive testing has focused on optimizing the vehicle’s engine and overall performance for endurance and robustness, achieving impressive power, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Sports, Technology
Tagged Bosch Engineering, Dr. Johannes-Jörg Rüger, France, Hydrogen-Powered Racing Innovation, Jacques Nicolet, Ligier Automotive, partnership, sustainability
(IN BRIEF) The Volkswagen ID.7 has achieved a historic milestone as the first vehicle ever to receive an overall rating of ‘very good’ with an average score of 1.5 in the rigorous ADAC vehicle test, conducted by experts from Europe’s … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged ADAC Vehicle Test, Awards, Dino Silvestro, Electric Saloon, Kai Grünitz, safety, sustainability, Volkswagen, Volkswagen ID.7
(IN BRIEF) Continental has successfully integrated a cross-domain High-Performance Computer (HPC) into a car, marking a significant advancement in software-defined vehicle (SDV) technology. This innovative car hosts not only cockpit functionalities but also critical vehicle operations such as driving safety … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Continental, Enrico Salvatori, Gilles Mabire, Jean-Francois Tarabbia, software-defined vehicle
(IN BRIEF) Meisheng Group has initiated operations of a new ANDRITZ needlepunch line at its facility in Shaoxing City, Zhejiang Province, enhancing its production capabilities to meet the rising demand for synthetic suede, especially in New Energy Vehicles (NEVs). This … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Meisheng Group, Mr. Qian Guochun, needlepunch line, partnership, sustainability, Synthetic Suede Production
(IN BRIEF) FORVIA, the world’s seventh-largest automotive technology supplier resulting from the merger of Faurecia and HELLA, receives two Automotive News PACEpilot Innovation to Watch recognitions at the 2024 awards ceremony in Detroit. The accolades celebrate FORVIA’s pioneering contributions to … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Automotive News PACEpilot Innovation, Awards, Forvia, Hella, Jörg Weisgerber, Thorsten Muschal
(IN BRIEF) VARTA AG’s Supervisory Board has named Michael Ostermann as Board Member and Chief Executive Officer (CEO), effective May 6, 2024. With extensive management experience in the automotive and battery industries, Ostermann is poised to lead VARTA AG, alongside … Read the full press release
(IN BRIEF) Infineon Technologies AG, a semiconductor leader, will provide silicon carbide (SiC) power modules and bare die products to Xiaomi EV for its SU7 electric vehicles until 2027. Infineon’s CoolSiC-based power modules offer superior performance, driving dynamics, and lifetime … Read the full press release
(IN BRIEF) Bentley Motors introduced its new Compact Full Spectrum Driving Simulator, set to be installed at its Dream Factory in Crewe. The innovative simulator, developed by VI-grade, offers a sustainable alternative to physical testing and will significantly reduce the … Read the full press release
(IN BRIEF) Rheinmetall has secured significant new orders for its plug-and-play heat pump solution, signaling expansion into diverse applications within electromobility. The first order, valued in the high single-digit million euro range, comes from an international expert in electric bus … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged electromobility, heat pump solution, partnership, Rheinmetall
(IN BRIEF) EVBox, a global leader in electric vehicle (EV) charging solutions, has unveiled its Impact Report 2023, showcasing the company’s dedication to sustainability and responsible business practices. The report highlights EVBox’s progress throughout 2023, emphasizing its commitment to environmental, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged EVBox, Financial, investment, Remco Samuels, sustainability
(IN BRIEF) Infineon Technologies AG, in partnership with ETAS, introduces an advanced solution bundle integrating the ESCRYPT CycurHSM 3.x Automotive Security Software Stack into the AURIX™ TC4X Cybersecurity Real-time Module (CSRM). This collaboration aims to meet the escalating demand for … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged automotive, Cybersecurity, ETAS, Infineon, partnership, Rohan Pandit, Thomas Schneid
(IN BRIEF) PUMA, in collaboration with the Mercedes-AMG PETRONAS Formula One Team, introduces a groundbreaking collection by Mad Dog Jones, blending style, performance, and motorsport. Inspired by the vibrant energy of Miami’s Thermal Vision, the collection captures the chromatic vibrancy … Read the full press release
(IN BRIEF) FORVIA HELLA GmbH & Co. KGaA, in its Annual General Meeting held on April 26, 2024, saw its shareholders overwhelmingly approve the proposed dividend, maintaining the company’s established dividend policy. With a dividend payout of €0.71 per share, … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Annual General Meeting, Bernard Schäferbarthold, Financial, FORVIA HELLA, investment
(IN BRIEF) Despite a slight decrease in unit sales, the TRATON GROUP reports a successful start to 2024, with increased sales revenue, adjusted operating result, and adjusted operating return on sales in the first quarter. The company sold 81,100 vehicles, … Read the full press release
(IN BRIEF) As the new season of the Deutsche Tourenwagen Masters (DTM) commences, Schaeffler and Marco Wittmann, brand ambassador since 2019, enter their sixth year of collaboration. Wittmann, driving for Schubert Motorsport, aims for success with the support of Schaeffler’s … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology, Transportation & Logistics
Tagged Brand Ambassador, Clément Feltz, Deutsche Tourenwagen Masters (DTM), innovations, Marco Wittmann, Markus Winkelhock, Matthias Zink, partnership, Schaeffler, sports
(IN BRIEF) Michelin and Porsche continue their longstanding partnership with the introduction of three tailored tire ranges for the all-electric Porsche Macan, marking another milestone in their collaborative journey of over half a century. Leveraging expertise gained from the World … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Bespoke Tires, Electric Macan, INNOVATION, Michelin, MICHELIN PILOT ALPIN 5 SUV NE0, MICHELIN PILOT SPORT A/S 4 NE0, MICHELIN PILOT SPORT EV NE0, partnership, Porsche, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
